Shapir Engineering and Industry Ltd

Shapir Engineering and Industry Ltd

TTASE:SPEN
4,190.00
ILA
+1.00
(+0.02%)
108.51EPS
47.81P/E
1.62TMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.22
8.09
7.09
9.01
10.06
8.8
8.24
9.78
10.91
12.73
14.57
14.23
16.98
18.41
Basic EPS, GAAP
0.31
0.88
0.46
0.53
0.77
0.81
0.8
0.93
1.22
1.07
0.44
0.5
0.66
0.94
Free Cash Flow per Basic Share
-0.22
-0.14
-0.06
-0.36
0.77
-0.17
-0.08
0.9
0.95
-1.95
0.81
-0.2
0.5
0.1
Dividend per Share
- -
- -
0.23
0.23
0.46
0.17
0.2
0.17
0.2
0.2
0.2
- -
0.22
0.22
Book Value per Share
1.18
2.97
3.12
3.47
3.82
4.54
5.16
5.81
6.96
8.01
8.36
8.73
9.03
9.34
Tangible Book Value per Share
0.53
2.38
2.52
2.84
3.16
3.92
4.61
5.44
5.53
5.5
5.84
6.28
6.65
7
Basic Weighted Avg Shares
356
285
350
350
354
351
355
356
357
357
357
357
358
356
Sales/Revenue/Turnover
2,211
2,308
2,484
3,154
3,564
3,086
2,923
3,482
3,893
4,548
5,207
5,085
6,073
6,552
Operating Margin (%)
14.33
13.06
12.44
12.45
12.01
13.46
14.55
15.13
12.77
10.14
7.37
7.91
8.48
8.85
Depreciation Expense
83
97
84
99
110
110
140
144
141
201
264
291
325
340
Net Income, GAAP
111
250
161
187
274
285
285
330
436
383
158
178
235
335
Effective Tax Rate (%)
22.4
23.48
29.61
28.86
25.52
24
23.32
24.54
21.04
18.98
23.87
23.76
28.87
27.06
Profit Margin (%)
5
10.83
6.48
5.92
7.69
9.23
9.76
9.48
11.2
8.42
3.03
3.5
3.87
5.11
Working Capital
-67
573
552
1,180
1,312
943
1,152
1,084
634
149
-210
620
379
750
LT Debt
1,324
1,286
1,418
2,519
3,273
3,205
3,556
3,508
5,499
6,876
6,919
7,687
8,523
8,954
Total Equity
414
1,038
1,091
1,215
1,340
1,592
1,839
2,075
3,137
3,550
3,702
3,863
3,781
3,928
Return on Invested Capital (%)
- -
9.38
7.83
7.96
6.69
5.54
5.61
6.16
6.77
4.72
3.07
3.62
3.33
4.23
Return on Capital (%)
- -
13.12
8.19
7.51
7.87
7.98
6.85
7.4
7.73
6.73
4.58
4.5
4.36
5.09
Return on Common Equity (%)
- -
34.41
15.12
16.17
21.45
19.43
16.66
16.91
19.13
14.32
5.4
5.83
7.4
10.33

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,743
2,310
1,939
LT Borrowings
8,244
7,620
8,694
LT Finance Leases
279
271
260
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
358
358
359
Market Capitalization
11,194
13,418
16,151

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,417
4,301
5,125
Cash, Cash Equivalents & STI
1,103
896
1,270
Accounts Receivable, Net
1,648
1,708
2,103
Inventories
1,123
1,048
1,143
Total Current Liabilities
4,038
4,482
4,375
Payables & Accruals
- -
- -
- -
ST Debt
1,743
2,310
1,939
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.96%
14.17%
-2.12%
Free Cash Flow
-210.63%
-184.58%
-357.14%
Net Income, GAAP
8.85%
1.18%
32.02%
Sales/Revenue/Turnover
10.06%
12.04%
19.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,121
1,187
1,369
1,408
5,085
2025
1,370
1,392
1,571
1,740
6,073
2026
1,557
1,684
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.03
0.04
0.33
0.5
2025
0.05
0.13
0.16
0.32
0.66
2026
0.16
0.3
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.22
- -
- -
0.22
2026
- -
0.22
- -
- -
- -

Company Description

CEO
Harel Shapira
Full Time Employees
3,918
Sector
Non-energy minerals
Industry
Construction materials
Address
Barkat 12 Petach Tikva HM Israel 4951780
IPO Date
Dec 9, 2014
Business
Shapir Engineering and Industry Ltd (SPEN.TA) is an Israel-based construction, engineering and infrastructure company founded in 1968 and headquartered in Petah Tikva. The company provides vertically integrated solutions from raw material manufacturing to planning, development, construction and operation of large-scale projects, operating through segments including infrastructure, concessions, industry, and real estate development and apartment construction; it manufactures and supplies quarry materials, ready-mix concrete, building finishing products, prefabricated elements from prestressed and precast concrete, hot-mix asphalt for roadways, cement, piping products and steel for construction industries, as well as geotechnical products such as anchors. Shapir executes civil engineering projects encompassing highways, bridges, tunnels, seaports, railway infrastructure, interchanges and national institutions, alongside residential neighborhoods, commercial real estate, protected housing, energy initiatives and urban renewal projects, primarily serving government entities and diverse clients in Israel with international project exposure through its concessions-based public-private partnerships. Recent developments include winning the tender in May 2025 for the Ben Gurion Airport West Interchange on Road 1, completing a private placement in November 2025 raising approximately 121.2 million Series 3 shares and 100 million Series B shares, expanding its stake by an additional 15% in Ad 120—a nationwide senior-living project valued at NIS 1.9 billion—in December 2025 for NIS 280 million via bond issuances and future payments, alongside quarterly reporting and shareholder updates reflecting ongoing capital and financing activities.